India: little enthusiasm for PSP
- From: Vol 2, Issue 7 (July 2001)
- Category: General
- Region: Asia
- Country: India
- Related Companies: Hyder, Mahindra and Mahindra, Mott MacDonald, Northumbrian Water, Ondeo and Veolia Environnement (formerly Vivendi Environnement)
India’s politicians, the overseers of a market filled with potential for the world’s private sector water companies, are unwilling to grasp the nettle of tariff reform which blocks the path to reliable, regular water supplies for the country’s thirsty millions.
Despite ample evidence that consumers would be willing to pay more for an improved service, the mindset of water as a social rather than an economic good is deeply ingrained in those who periodically stand before the electorate.
Promoting water as a free, or nearly free, service is a popular stance at elections but, as one Vivendi Water UK executive ...
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